PC gaming Giant Take-Two has announced that it's making a big move into mobile gaming with the acquisition of Zynga for a total price of approximately $12.7 billion. Take-Two already owns Rockstar Games, Codemasters and 2K, producing games like Grand Theft Auto, Red Dead Redemption, Bioshock and others. Zynga, meanwhile, produces well-known mobile titles like CSR Racing, FarmVille, and Words with Friends. Take-Two said that the deal will result in $6.1 billion worth of 12-month pro-forma net bookings, meaning it will become one of the largest gaming companies in the world. "This strategic combination brings together our best-in-class console and PC franchises, with a market-leading, diversified mobile publishing platform that has a rich history of innovation and creativity," said Take-Two Chairman and CEO Strauss Zelnick. The deal will also help Take-Two save about $100 million annually after two years. Zynga itself was on an acquisition streak of late, having acquired the studio behind Torchlight 3early last year. Zynga has sometimes relied on acquisitions to find the hottest games in the notoriously fickle mobile gaming market. Still, Take-Two said that the mobile industry booked $136 billion 2021 and is currently growing at over 8 percent, so the money is there to be had. Mobile will now account for half of its net bookings (net amount of products and services sold digitally or sold-in physically), the company said. Continue reading at 'Engadget'
[ Engadget | 2022-01-10 13:17:58 UTC ]
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Penguin Random House announced this morning that the upcoming collection of poetry by Amanda Gorman is now titled 'Call Us What We Carry.' It will be released on December 7, and will feature new works as well as her inauguration poem, 'The Hill We Climb.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-27 04:00:00 UTC ]
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What Borges’ science fiction got right about the importance of forgetting, according to child psychiatry. | Lit Hub Science Searching for Moby-Dick (and the elusive truths of America’s pastime): Rick White goes deep on Bill James, Herman Melville, and the whaleness of Whiteyball. | Lit Hub... Continue reading at Literrary Hub
[ Literrary Hub | 2021-07-17 10:30:33 UTC ]
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Newly recruited Virago publishing director Anna Kelly has made her first acquisition for the imprint with Harvard student Becca Rothfeld’s debut essay collection All Things Are Too Small. Continue reading at The Bookseller
[ The Bookseller | 2021-07-16 22:35:16 UTC ]
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Rodrigo Garcia’s ‘Farewell to Gabo and Mercedes’ takes readers into the private grieving for a public man Continue reading at The Washington Post
[ The Washington Post | 2021-07-16 12:00:00 UTC ]
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It can be too easy to write villains— people stunted and incapable of love or compassion—when we write about opponents of our politics, especially in short stories, which have so much less space to detail nuance. Sometimes writing about villains and pointing the finger is necessary in a world... Continue reading at Electric Literature
[ Electric Literature | 2021-07-16 11:00:00 UTC ]
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International sales agency Gunnar Lie & Associates Ltd (GLA) is being acquired by Compass Independent Book Sales Ltd (CIPS). Continue reading at The Bookseller
[ The Bookseller | 2021-07-15 07:22:32 UTC ]
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The books we love coming out this week include new titles by Richard Zenith, Leigh Montville, and Debbie Macomber. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-09 04:00:00 UTC ]
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Pamela Dorman buys an escapist romance set in 1818 London, British bestseller Lucy Clarke sells an atmospheric thriller to Putnam, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-09 04:00:00 UTC ]
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A pair of BookTok favorites, 'They Both Die at the End' and 'The Song of Achilles,' are among the 10 bestselling books of the week. Plus Riley Sager's 'Survive the Night' lives to have a strong opening week, and two authors tell one historical woman's story in the novel 'The Personal Librarian.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-09 04:00:00 UTC ]
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Before the pandemic, Canadians were allowed to visit the Haskell Free Library without having to visit a customs post. Continue reading at The Huffington Post
[ The Huffington Post | 2021-07-08 21:22:12 UTC ]
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Travel specialist Heartwood Publishing has acquired the assets of map specialist PopOut Maps from John Sadler and Katharine Leck. Continue reading at The Bookseller
[ The Bookseller | 2021-07-07 11:41:32 UTC ]
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Amberley Publishing, an independent specialist in local history heritage, has acquired Quiller Publishing in a £1.4m deal. Continue reading at The Bookseller
[ The Bookseller | 2021-07-02 21:49:26 UTC ]
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Combined sales of comics periodicals and graphic novels in North American in 2020 climbed to approximately $1.28 billion, according to a joint estimate by pop culture trade news sites ICv2 and Comichron. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-06-30 00:00:00 UTC ]
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Nancy Adimora rejoined HarperCollins UK as talent and audience development manager, Diversity & Inclusion, in February 2020, a new role reporting to HarperCollins c.e.o. Charlie Redmayne. Adimora works across the business to attract new authors and will help reach and market to new audiences... Continue reading at The Bookseller
[ The Bookseller | 2021-06-25 02:11:08 UTC ]
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Viking has signed a "fascinating" book from Chicago professor Howard Nusbaum, looking at what wisdom is and how we can be wiser. Continue reading at The Bookseller
[ The Bookseller | 2021-06-19 13:56:59 UTC ]
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The Association of Italian Publishers participates in Monday's Bologna Book Plus conference and shares 2020 book publishing and rights sales data from Italy. The post Bologna Children’s Book Fair: Italy Published 7,289 Kids’ Titles in 2020 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-06-10 18:58:15 UTC ]
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The acquisition of Kanopy adds an extensive video catalog to the OverDrive platform, with some 30,000 films available to students and library users through the Kanopy platform. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-06-09 04:00:00 UTC ]
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The books we love coming out this week include new titles by Mette Ivie Harrison, Terry Miles, and Jamie Ducharme. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-06-04 04:00:00 UTC ]
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Graydon House bets on a debut; Berkley takes two Jane Austen updates; Luis Alberto Urrea re-ups at Little, Brown; and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-06-04 04:00:00 UTC ]
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In 2020, the Audio Publishers Association sales report finds more than 71,000 audiobooks were published in the US, up 39 percent over 2019. The post Audio Publishers Association Cites 12-Percent 2020 US Audiobook Revenue Growth appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-06-01 13:14:36 UTC ]
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